Japan Watch Thread
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firestar464
- Posts: 823
- Joined: Wed Oct 12, 2022 7:45 am
Re: Japan Watch Thread
Given that this is, uh, Japan, they'll likely innovate
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Time_Traveller
- Posts: 2232
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- Location: San Francisco, USA, June 7th 1929 C.E
Re: Japan Watch Thread
Japan raises interest rates for first time in 17 years
https://www.bbc.co.uk/news/business-685941414 days ago
Japan's central bank has raised the cost of borrowing for the first time in 17 years.
The Bank of the Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose.
In 2016, the bank cut the rate below zero in an attempt to stimulate the country's stagnating economy.
The hike means that there are no longer any countries left with negative interest rates.
When negative rates are in force people have to pay to deposit money in a bank. They have been used by several countries as a way of encouraging people to spend their money rather than putting it in a bank.
"We all have our time machines, don't we. Those that take us back are memories...And those that carry us forward, are dreams."
-H.G Wells.
-H.G Wells.
Re: Japan Watch Thread
Everyone in Japan will be called Sato by 2531 unless marriage law changed, says professor
Tue 2 Apr 2024 06.15 BST
Japanese citizens will all have the same family name in 500 years’ time unless married couples are permitted to use separate surnames, a new study has suggested as part of a campaign to update a civil code dating back to the late 1800s.
The study, led by Hiroshi Yoshida, a professor of economy at Tohoku University, projected that if Japan continues to insist that couples select a single surname, every single Japanese person will be known as “Sato-san” by 2531.
Yoshida conceded that his projections were based on several assumptions, but said the idea was to use numbers to explain the present system’s potential effects on Japanese society to draw attention to the issue.
“If everyone becomes Sato, we may have to be addressed by our first names or by numbers,” he said, according to the Mainichi. “I don’t think that would be a good world to live in.”
https://www.theguardian.com/world/2024/ ... rriage-law
Tue 2 Apr 2024 06.15 BST
Japanese citizens will all have the same family name in 500 years’ time unless married couples are permitted to use separate surnames, a new study has suggested as part of a campaign to update a civil code dating back to the late 1800s.
The study, led by Hiroshi Yoshida, a professor of economy at Tohoku University, projected that if Japan continues to insist that couples select a single surname, every single Japanese person will be known as “Sato-san” by 2531.
Yoshida conceded that his projections were based on several assumptions, but said the idea was to use numbers to explain the present system’s potential effects on Japanese society to draw attention to the issue.
“If everyone becomes Sato, we may have to be addressed by our first names or by numbers,” he said, according to the Mainichi. “I don’t think that would be a good world to live in.”
https://www.theguardian.com/world/2024/ ... rriage-law
Re: Japan Watch Thread
Japan’s Kishida warns world at ‘historic turning point’ as he touts US alliance ahead of Biden summit
Sun April 7, 2024
Spiraling geopolitical tensions have pushed the world to a “historic turning point” and are forcing Japan to change its defense posture, Japanese Prime Minister Fumio Kishida told CNN Sunday ahead of a closely watched summit with US President Joe Biden next week.
“As we are witnessing Russia’s Ukraine aggression, the continuing situation over the Middle East, as well as the situation in East Asia, we are faced with a historic turning point,” Kishida said during an interview at his private residence in Tokyo.
“That is why Japan has made a decision to fundamentally reinforce its defense capabilities and we have greatly changed Japan’s security policy on these fronts,” he said.
In the face of mounting security challenges, the prime minister stressed, the Japan-United States alliance is becoming “ever more important,” a view he said he hoped would garner bipartisan support in Washington.
Kishida made the remarks days ahead of his Wednesday meeting with Biden in Washington, where he will also address a joint session of Congress and participate in the very first trilateral summit between Japan, the United States and the Philippines.
https://edition.cnn.com/2024/04/07/asia ... index.html
CNN
Sun April 7, 2024
Spiraling geopolitical tensions have pushed the world to a “historic turning point” and are forcing Japan to change its defense posture, Japanese Prime Minister Fumio Kishida told CNN Sunday ahead of a closely watched summit with US President Joe Biden next week.
“As we are witnessing Russia’s Ukraine aggression, the continuing situation over the Middle East, as well as the situation in East Asia, we are faced with a historic turning point,” Kishida said during an interview at his private residence in Tokyo.
“That is why Japan has made a decision to fundamentally reinforce its defense capabilities and we have greatly changed Japan’s security policy on these fronts,” he said.
In the face of mounting security challenges, the prime minister stressed, the Japan-United States alliance is becoming “ever more important,” a view he said he hoped would garner bipartisan support in Washington.
Kishida made the remarks days ahead of his Wednesday meeting with Biden in Washington, where he will also address a joint session of Congress and participate in the very first trilateral summit between Japan, the United States and the Philippines.
https://edition.cnn.com/2024/04/07/asia ... index.html
CNN
